Reply to "Eliminating Credit Card Debit - Take out personal loan with low interest rate"

I would not cancel both.  Its good to have some available credit on your report and peace of mind for a (real) emergency that comes up.  Keep it in a drawer or other safe place if you are tempted with it. 

If one of your cards has any annual fee just to have it, that is the one I would cancel, else I would keep the one with the largest limit.

×
×
×
×